Listing Agency: CBRE | Nashville s***@cbre.com Show Phone

Listed By: Steve Preston Show Phone

Source: Cbre

Added: Jun 2 Changed: Aug 30 Last Checked: Aug 31 at 1:04PM

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Investment Insights

Based on property information with market context.

This distribution center is located at 1171 Vaughn Parkway in Portland, Tennessee, within the KY/TN Business Park. The property is presented as a logistics facility serving distribution needs, with a stated strategic position within 600 miles of 50% of the US population. Kentucky Downs Gaming Center is nearby.

Key Highlights

• Located within the KY/TN Business Park
• Positioned within 600 miles of 50% of the US population
• Near Kentucky Downs Gaming Center

Property Analytics

Property Profile

Current Use

Henkle/Sun Warehouse & Storage Henkel Corporation Warehouse & Storage Sun Products Warehouse & Storage

Suggested Use

Top Pick Plumbing Service Building Supply Auto Repair Shop Storage Facility (Bike/Boat/Book/etc) Store Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

28

Businesses Nearby

Explore this area Business Placement

Demographics for 37148, TN

25,318

Population

9,919

Households

2.6

Avg Household Size

38

Median Age

14%

College-Educated

88%

High-School Grad

131.9 sq mi

ZIP Area

192

Density / Sq Mi

$77,684

Median Household Income

$39,949

Median Earnings

$1,082

Median Rent

$273,200

Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019

6.5% 2020

4% 2021

3.5% 2022

6% 2023

7.6% 2024

7.9% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Distribution center - The facility is positioned within the KY/TN Business Park near Kentucky Downs Gaming Center.

Where is this distribution center located?

The property is located at 1171 Vaughn Parkway Portland, TN.

What are key features of this property?

This property features: Located within the KY/TN Business Park; Positioned within 600 miles of 50% of the US population; Near Kentucky Downs Gaming Center